Ratehub.ca helps thousands of people from all financial backgrounds find the best interest rates in Canada each and every day. The information we’ve gathered through our diverse customer base allows us to figure out what our customers across ten provinces and three territories preferred when it came to banking and investing accounts.
When your TFSA and RRSP are maxed out and you’re looking to avoid penalties, try two trusty non-registered savings vehicles: high-interest savings accounts and guaranteed investment certificates (GICs). These savings tools don’t have any contribution limits or penalties. And they can help you keep your money safely saved while you wait for more contribution room to open up in your TFSA and RRSP on January 1st.
So, you find yourself with a tax refund. Now, the money is in your account and you’re wondering, what’s the best way to use this? To help you make the wisest choice, we’ve consulted with Liz … Read More
It’s a battle a decade in the making. In one corner, it’s the senior citizen of retirement accounts, the RRSP. In the other, it’s the relative newcomer, the 10-year-old TFSA. But which one is best for … Read More
It’s RRSP season. You may have noticed the billboards along the roadways and banner ads when you log in to your bank account. Every year, the financial industry spends millions telling Canadians to put money into … Read More
We are once again proud to release our second annual Personal Finance Awards. This year’s edition looks at the best of bank accounts and guaranteed investment products of 2018. See who won the titles of the top chequing accounts, savings accounts and GICs in 2018.
When you’re earning interest on your investments, you’re going to have to pay tax on the income if they’re sitting in a non-registered account. But if they’re held in a registered account—such as an RRSP—you can … Read More
You don’t have to wait until spring to get a tax refund. There are two ways to reduce the amount of tax you pay throughout the year: Joining a group RRSP or reducing taxes at source … Read More
Having a budget is a great way to reach your financial goals. But a budget will only work if you can stick to it and it’s realistic. The key components of a household budget are after-tax … Read More
Building up savings on a modest budget isn’t easy. If you’re at the beginning of your working life and juggling an entry-level salary, student debt, and the high cost of living, planning decades ahead for retirement … Read More